Micro-cap stocks largely followed large-cap indices lower during trading on Tuesday, November 1, 2016. The S&P 500 closed down 0.68% for the day and only five micro-stock indices were able to outperform their larger counterparts. However, only three of those five indices ended the day in positive territory: OTCQX Banks Index rallied 0.14%, OTCQX Canada Index rallied 0.77%, and the OTCQB Venture Index rallied 0.54%. Overall, stocks continue to wane, as investors grow weary of a tightening U.S. presidential election race.

OTCMarkets-2016-11-01
OTCMarkets-2016-11-01

Today’s Top OTC Winners:

  • WOWI, Inc. (OTC Pink: WOWU) +137.62%: Shares of the legal marijuana consulting company sky-rocketed 137.62%, during trading on Tuesday, November 1, 2016. However, there was no news or press to explain the explosive rally. The company saw volume of 1,056 shares, compared to average daily volume of 64 shares, over the past three months.
  • PixarBio Corporation (OTC Pink: PXRB) +130.61%: Shares of the yoga and fitness company surged on Tuesday. However, there was no indication on what may have caused the surging rally. The company saw volume of 32,006 shares, compared to average daily volume of 2,578 shares over the past month.
  • CB Scientific Inc. (OTC Pink: CBSC) +100%: After diving 60% during yesterday’s trading session, CB Scientific Inc. stormed back during today’s trading. However, there is yet to be any news or press that could help explain why the stock is experiencing volatile swings. The company saw volume of 100 shares, compared to average daily volume of 184 shares over the past three months.
  • Dragon Jade International Ltd. (OTCQB: DGJI) +69.33%: Shares of the health supplement company rallied Tuesday, but there was no news or evidence as to why the stock rallied today. The company saw volume of 1,800 shares, compared to average daily volume of 252 shares over the past month.
  • MMX Mineracao e Metalicos S.A. (OTC Pink: MMXMY) +67.91%: Shares of the Brazil-based mining company staged a strong rally Tuesday, but there was no evidence as to the cause of the rally. The company saw volume of 892 shares, compared to average daily volume of 72 shares over the past three months.
  • Poverty Dignified, Inc. (OTCQB: PVDG) +60%: Shares of the business incubation company rallied 60%, as the company sees its first full trading day on the OTCQB The company saw volume of 1,600 shares, compared to average daily volume of 0 shares over the past three months.
  • CLS Holdings USA, Inc. (OTCQB: CLSH) +37.86%: Shares of the marijuana extraction company jumped Tuesday, but there was no specific news to explain the rally. Marijuana stocks continue to sizzle as we are a week away from the November election.
  • United Cannabis Corporation (OTCQB: CNAB) +31.19%: Shares of the marijuana consulting company rallied Tuesday, after the company announced plans for the design and deployment of mobile cannabis extraction labs.

Today’s Top OTC Losers:

  • Rainforest Resources, Inc. (OTC Pink: RRIF) -35.76%: Shares of the precious metal miner slipped Tuesday, but there was no news or press to explain the drop in shares. The company saw volume of 41,166 shares, compared to average daily volume of 5,931 shares over the past month.
  • HPIL Holdings, Inc. (OTC Pink: HPIL) -33.33%: Shares of the investment company lost a third of its value Tuesday, but there was no information to explain the sell off. The company saw volume of 100 shares, compared to average daily volume of 12 shares over the past three months.
  • MJ Holdings, Inc. (OTCQB: MJNE) -29.84%: Shares of the marijuana real estate company came under pressure on Tuesday. However, there was no news or press to indicate the source of the losses. The company saw volume of 24,208 shares, compared to average daily volume of 2,006 shares over the past three months.
  • Hercules Offshore, Inc. (OTC Pink: HEROQ) -28.24%: Shares of the bankrupt offshore oil driller sustained losses Tuesday, but there was no immediate indication on the cause of the losses. The company saw volume of 413,431 shares, compared to average daily volume of 23,313 shares over the past month.

Check back on EmergingGrowth.com after the markets close each day to get your closing report!

Add a Comment to this Post

comments